Elastic (ESTC) Stock Price, News & Analysis

Company Overview

Elastic N.V. develops search, observability and security software for organizations that need to find, analyze and act on data. Its core technology, Elasticsearch, is a distributed search and analytics engine that can process structured and unstructured information from applications, websites, logs and other sources.

The company offers its platform through Elastic Cloud, a managed cloud service available across major public-cloud environments, as well as through self-managed deployments. Its products include Elastic Observability for monitoring applications and infrastructure, Elastic Security for threat detection and investigation, and search capabilities that support enterprise applications, websites and generative artificial intelligence solutions.

Elastic was founded in 2012 by Shay Banon, who created Elasticsearch after developing an earlier search project. The company serves customers across a broad range of industries and geographies. Ashutosh Kulkarni has served as Elastic’s chief executive officer since 2022, while Banon remains associated with the company as its founder and chief technology officer.

Key Stats

• Today's Range: $82.15 to $84.76
• 50-Day Range: $57.35 to $99.75
• 52-Week Range: $42.05 to $108.00
• Volume: 2.35 million shs
• Average Volume: 3.09 million shs
• Market Capitalization: $8.76 billion
• P/E Ratio: 23.37
• Dividend Yield: N/A
• Price Target: $96.52
• Consensus Rating: Moderate Buy

Elastic Stock Analysis - MarketRank™

Elastic scored higher than 95% of companies evaluated by MarketBeat, and ranked 55th out of 597 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Elastic has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 1 strong buy rating, 15 buy ratings, 13 hold ratings, and no sell ratings.

Upside Potential

Elastic has a consensus price target of $96.52, representing about 15.7% upside from its current price of $83.44.

Amount of Analyst Coverage

Elastic has been the subject of 25 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 75.00%

Earnings Growth

Earnings for Elastic are expected to grow by 75.00% in the coming year, from $0.64 to $1.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Elastic is 23.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.89.

Price to Earnings Ratio vs. Sector

The P/E ratio of Elastic is 23.37, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 76.70.

Price to Earnings Growth Ratio

Elastic has a PEG Ratio of 8.08. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Elastic has a P/B Ratio of 6.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.22% of the float of Elastic has been sold short.

Short Interest Ratio / Days to Cover

Elastic has a short interest ratio ("days to cover") of 1.06, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Elastic has recently decreased by 38.97%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Elastic does not currently pay a dividend.

Dividend Growth

Elastic does not have a long track record of dividend growth.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.38

News Sentiment

Elastic has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.85 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 35 news articles for Elastic this week, compared to 9 articles on an average week.

Search Interest

12 people have searched for ESTC on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.

MarketBeat Follows

6 people have added Elastic to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.9 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Elastic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $91,303,286.00 in company stock.

Percentage Held by Insiders

12.70% of the stock of Elastic is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

97.03% of the stock of Elastic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/27/2026
• Today: 9/13/2026
• Status update: 9/22/2026
• Next Earnings (Estimated): 11/19/2026
• Fiscal Year End: 4/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NYSE:ESTC
• CIK: 1707753
• Web: www.elastic.co
• Phone: (650) 880-1260
• Fax: N/A
• Employees: 4,019
• Year Founded: 2012

Price Target and Rating

• Average Price Target for Elastic: $96.52
• High Price Target: $130.00
• Low Price Target: $49.00
• Potential Upside/Downside: +15.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.59
• Research Coverage: 29 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.57
• Trailing P/E Ratio: 23.37
• Forward P/E Ratio: 130.38
• P/E Growth: 8.08
• Net Income: $367.77 million
• Net Margins: 20.84%
• Pretax Margin: -1.08%
• Return on Equity: -0.35%
• Return on Assets: -0.14%

Debt

• Debt-to-Equity Ratio: 0.44
• Current Ratio: 1.81
• Quick Ratio: 1.81

Sales & Book Value

• Annual Sales: $1.74 billion
• Price / Sales: 5.04
• Cash Flow: $0.85 per share
• Price / Cash Flow: 98.74
• Book Value: $12.35 per share
• Price / Book: 6.76

Miscellaneous

• Outstanding Shares: 104,990,000
• Free Float: 91,657,000
• Market Cap: $8.76 billion
• Optionable: Optionable
• Beta: 1.03